Analysis of managing and transferring of ownership of land public assets in Egypt. ‘The Sovereign Fund of Egypt’

The paper analyzes the up to date phenomena of the sovereign wealth funds investing in domestic assets of public land, with reference to The Sovereign Fund of Egypt (TSFE). Hence, a comparison with old sovereign funds raised in the 1970s in Singapore with the main objective of investing in domestic assets. 

TSFE is a new investment fund raised in 2018 with final law in 2019 aiming to attract and pilot investment toward various sectors that the state finds as vital to the national economy. Through TSFE direct investments, subsequent sub-funds and subsidiaries aim to generate income in a sustainable way and create value. The long-term strategy is significant aiming to create a more Egyptian multinationals expand out of the investments that TSFE makes.